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HomeMy WebLinkAbout1979/05/22 - ADMIN - Minutes - City Council - Joint MINUTES JOINT CITY COUNCIL / HOUSING & REDEVELOPMENT AUTHORITY ST . LOUIS PARK , MINNESOTA May 22 , 1979 1 . Call to Order The meeting was called to order by John Ralles at 7 : 13 p . m . 2 . Roll Call The following Councilmen were present at roll call : Martha Elstrom John Ralles Ronald Backes The following Housing Authority Commissioners were present at roll call : Dudley Moylan Jane Tschida James Heltzer Also present were the City Manager and Executive Director . 3 . Cherne Proposal The Executive Director presented a brief report describing the status of the proposal o ' A . L . Cheyne for construction of a bank/ office building ; he distributed a letter from Cherne dated May 21 , 1979 , describing difficulties encountered 0 i' by the developer in arranging a suitable lease with Midland National Bank and acquiring necessary financing . A . L . Cherne summarized the letter before the City Council . Commissioner Tschida expressed concern regarding the indication by Cherne that development would be postponed to approximately December 3 , 1979 . She stated Cherne had nearly twelve months to initiate the development and suggested the Council and Authority may , wish to seek other proposals . Mr . Cherne further described matters which had delayed the progress of development and stated he had quite recently received a commitment from Midland National Bank which requires ground breaking by September 15 , 1979 . He added it is necessary for him to rearrange financing for the project and he may need to request the City Council to increase its authorization for tax increment bonds from $ 2 . 5 million to $ 3 million . Commissioner Tschida suggested Mr . Cherne should seek an alternate tenant inasmuch as the proposed tenant appears to have delayed the development project . There was considerable discussion regardingalternatives to marketing the site for the most rapid and desirable developmen . v s In response to a comment of Mr . Cherne regardin ° the desire of his prospectiVe lending institution in becoming a partner in the development , Commissioner Heltzer stated he would like to have representatives otheinstitution meet with the Council and Authority prior to final approval . - 150- Council / Authority Minutes - i "` ,,may 22 , 1979 1 Councilman Elstrom and Commissioner Tschida said the Council and Authority ` should allow Cherne ' s exclusive right to develop the property to expire and seek other interested developers . Councilman Backes explained although the development proposed by Cherne has not yet been initiated , his alternateto ground - breaking date does not appearexcessive and suggested it may take even longer to entertain new development proposals . v. i;: Commissioner Heltzer questioned why approval of the bond issue by the State Department of Economic Security took an excessive amount of time . 1 There was no action taken on this matter . 4 . Parking Lot Discussion regarding proposal for construction . of a 17 - stall parking lot at Wooddale Avenue it on Excelsior Boulevard . Members of the Housing Authority expressed opposition to the use of this site for a parking 3. lot and use of tax increment funds to construct such a lot . -1- The City Manager explained the Council had received a request from a property owner at this location to construct a lot near a single- family residence . As an alternative to such construction , the Council requested that alternatives be explored , adding the proposed parking lot would be totally assessed to benefitting property owners . 5 . Purchase Agreement The Executive Director explained both the City Council and Housing & Redevelopment Authority had approved the purchase agreement for Block 6 of Oak Park Village at separate meetings . - 6 . On- Street Parking f . Oak Park . Village Drive Councilman Ralles explained the City Council :- received a request from a residential property L . owner at the corner of Louisiana Avenue and West 32 Street for authorization to allow on- street parking on his side street ; prior to construction of Oak Park Village Drive parking was allowed at this location . Re added that due or- to safetyand engineering reasons , parking on the front of the lot , Louisiana - Avenue , could not be considered . Members of the Housing Authority expressed concern that on- streetteda parking on Oak Park Village Drive could cause ayd their preference for a curb cut to allowoff - street parking orremoval of the median on Louisiana Avenue to allow front - street kigEngineering Department . Heltzer suggested this matter be reviewed by theCity ' s There was no action taken on this matter . There being no further discussion , it was 7 . Adjournment Councilman Backes , seconded by moved by Commissioner Moylan to adjourn the meeting at 8 : 32 p . m . The motion passed 6 - 0 . .. . / eai . _i � - A ! EST : i / hn Ralles ' ' gQA-;------- ting Chairman , ; Mark ather . Recording Secretary - 151-